Rolls-Royce Motor Cars Limited is a British luxury automobile maker that has operated as a wholly owned subsidiary of BMW AG since 2003 – as the exclusive manufacturer of Rolls-Royce-branded motor cars.
The Rolls-Royce Motor Cars subsidiary of BMW AG has no direct relationship to Rolls-Royce-branded vehicles produced before 2003, other than having briefly supplied components and engines.
Former chief executive Torsten Müller-Ötvös joined the company in January 2010, with a pledge to regain the quality standards that made Rolls-Royce famous.
That year sales in China increased by 600%, making it the company's second largest market after the US.
[7] On October 5, 2023, Rolls-Royce announced that Müller-Ötvös will be retiring as CEO on November 30 after 14 years.
Volkswagen would be unable to re-engineer the Rolls-Royce and Bentley vehicles to use other engines within that time frame.
Rolls-Royce announced in September 2014 that a new technology and logistics centre would be built, which opened in 2016, 8 miles away from the main headquarters, in the seaside resort town of Bognor Regis.